Apply for Business Funding in Columbus, NE: Start With the Need and the Numbers

Picture a Columbus store replacing its window posters with two digital display screens and a set of new shelf signs. The form needs only the ranges. The checklist below is for the call and for whatever a funding partner asks to see afterward.

1. The seller quote for the screens and signs, with model numbers, installation and delivery.
2. A rough figure for what the store sells in a month, which helps place the annual revenue range on the form.
3. Three to six months of business bank statements, ready if a partner asks for them.
4. The most recent business tax return and, for a newer store, the owner's personal return.
5. Any loan or advance payment the store already makes each month, with the balance left.

Signs and screens a store can unbolt and take with it are equipment. Lettering cut into the building or a new pylon out front is site work, which this site does not arrange.

A contractor who has already filled in a credit union's business loan application has done much of the gathering. That application goes to one institution and follows its own checklist. The Limepeak Finance form goes to Limepeak Finance, which talks the need through and passes the request to funding partners that each set their own terms.

• A job list with contract amounts and expected completion months.
• The billing schedule on the job the material is for, including any retainage held back.
• An aging list of receivables, so a partner can see which invoices are open and how old they are.
• A list of trucks, trailers and equipment the company already owns, with any balances still owed.
• The last few months of business bank statements, plus whichever business tax return was filed most recently.
• The names of the owners who would sign, since a partner may ask each of them for credit details.

Material bought ahead of the first draw is a working capital or credit line question, and the call is where that gets sorted out.

A Platte County kitchen replacing two fryers before they fail during service has a short list to prepare. Each document answers a different question for the funding partner reviewing it.

• The fryer quote: what is being bought, from whom, and for how much, which also tells a partner what secures an equipment deal.
• Bank statements: what comes in and goes out each month, and whether the account dips below zero.
• Tax returns: what the business reported as revenue and profit for the year.
• The lease on the space: how long the restaurant can stay where the fryers will sit.
• A list of current debts: what the kitchen already pays each month, so a new payment can be weighed against it.
• Owner identification: who signs, and who may be asked for a personal guarantee.

The FAQ page covers what the request form itself asks and what it does not.

Bank statements come up on nearly every request, so it helps to know what a funding partner can look at in them. A partner may read the pattern of deposits, the average balance through the month, any overdrafts or returned items, and payments already going to another lender or advance provider.

A repair shop with a slow stretch followed by a big fleet invoice can explain that on the call before a partner sees the statements. Nothing is uploaded through the form; a partner can ask for statements directly once it has the request. If Limepeak Finance calls after the form, that call is the place to flag anything unusual in them.

The how-it-works page walks through the six steps from the first call to a signed offer.